2022 – The Geoeconomic Roundabout. How we entered the first global economic war

In February 2022 the world entered the first global economic war in history. The moment that Russia invaded Ukraine, uncertainty hit the markets. For a few weeks, everyone thought the war would end quickly, with the business world hoping for a negotiated settlement. As months passed, it became apparent the war would in fact continue for much longer; businesses had no other option but to adapt to a changing reality and to a war that was to reset both economic alliances and overall economic conditions. This is what geoeconomics is helpful for. It provides a framework for understanding how the global economy is reshaped by major geopolitical events. In this volume, Antonia Colibășanu provides a timeline for how that happens. She takes us back to 2021 to understand the events of 2022 through her analysis, while adding some personal notes for context. All in all, this is the 2022 diary of geoeconomics.